Gaotu Grows Up With New Adult Focus, Return to Profitability
The company posted a third consecutive quarter of sequential revenue growth in its new form as a provider of education services for college students and adults Key Takeaways: Gaotu recorded…
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NetEase Tries to Show It’s Not Just About Games Anymore
The company’s Youdao education and Cloud Music divisions posted strong double-digit revenue growth in last year’s fourth quarter, and could soon become profitable Key Takeaways: NetEase’s revenue rose 4% to…
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Humanoid Robot Maker Ubtech Limbers Up for IPO
The loss-making robotics company has filed to list on the Hong Kong Stock ExchangeKey Takeaways:Ubtech has been a pioneer in humanoid robotics, but several tech giants have now stepped into…
Koolearn’s New Lesson: E-Commerce Pays Better Than Education
The former education company has returned to profits on spiking revenues, pointing to early success in its transition to livestreaming e-commerceKey Takeaways:Koolearn’s revenue grew 263% in the first half of…
Big Banks Test the Waters for New China Listings With QuantaSing IPO
The adult education specialist’s IPO underwriters include Citigroup, as well as two of China’s biggest investment banksKey Takeaways:Investment banking majors Citigroup and China’s CICC and CLSA are sponsoring a new…
Healthcare Overtakes New Energy as Top Category for Chinese Concept Stocks in 2022: Bamboo Works Special Report
The Year of the Tiger was a tough one for China and Chinese concept stocks, marred by frequent Covid disruptions and ongoing tensions between the U.S. and Chinese securities regulators
17 Education Becomes Latest China Stock to Soar as Investors Sniff for Bargains
The education services provider’s shares have jumped 70% in the last five trading days on heavy volume as many issues that dogged the company appear to be settledKey Takeaways:17 Education…
